Suite number:
C2
Project:
Address:
Burnaby, British Columbia
Developer:
Millennium Development
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
2
Size:
740 sqft
Occupancy Date:
Jun 2027
Price, CAD
$826,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
23.16%
Cumulative Return on Investment in Year 5
103.70%
Property Price at the End of Year 5
$1,065,000
Deposit Schedule
$20,000 at Signing
Total up to 5% in 7 days
$41,345
5% in 120 days
$41,345
5% on Occupancy
$41,345
Net Gain (Loss)
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Property Price Appreciation
Investment Details (10-Year Period)
Income/Return
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| property price appreciation | $43,000 | $45,000 | $48,000 | $50,000 | $53,000 | $55,000 | $58,000 | $61,000 | $64,000 | $68,000 | $546,000 |
| rent income | - | - | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $202,000 |
| mortgage principal reduction | - | - | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $97,000 |
| deposit interest | $4,000 | $6,000 | - | - | - | - | - | - | - | - | $10,000 |
| gst hst rebate | - | - | $5,000 | - | - | - | - | - | - | - | $5,000 |
| total income return | $47,000 | $51,000 | $84,000 | $83,000 | $87,000 | $92,000 | $96,000 | $101,000 | $106,000 | $111,000 | $860,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $124,000 | - | - | - | - | - | - | - | - | - | $124,000 |
| remaining balance payment | - | $41,000 | - | - | - | - | - | - | - | - | $41,000 |
| closing cost | - | $36,000 | - | - | - | - | - | - | - | - | $36,000 |
| operating expense | - | - | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $87,000 |
| mortgage payment | - | - | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $331,000 |
| total expense investment | $124,000 | $77,000 | $51,000 | $52,000 | $52,000 | $52,000 | $52,000 | $53,000 | $53,000 | $53,000 | $620,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$76,848 | -$25,977 | $33,000 | $32,000 | $35,000 | $40,000 | $44,000 | $48,000 | $53,000 | $58,000 | $240,000 |
| cumulative roi | $38 | $52 | $74 | $90 | $104 | $116 | $128 | $140 | $151 | $162 | $1,000 |
Etoile Gold
Address: Burnaby, British Columbia
Price Range: $605,000 - $1,700,000
Avail. suites: 11
1—3.5 bd
567—2331 SqFt